Demand for gold surges
Gold prices have jumped more than 4% as investors scrambled for safe havens amid the latest shares meltdown.
The precious metal jumped $38.5 to $925 an ounce while demand for Treasury bonds also surged, sending two-year gilt yields to a five-year low.
Currency markets also saw major swings in response to the latest turmoil with the pound tumbling to a five-year low on the dollar to below $1.70.